Can New Construction Dig Us Out of the Hole We’re In? So what do you think about this hot market we’re in? In my 30+ years of being a real estate appraiser, I have never seen a market like we are in. New construction, or lack thereof, has played a big role in where we […]
Are Builder Premiums Really Worth What They Charge?
How Appraisers Handle Builder Premiums Have you ever built a new home and had the builder inform you that the lot had a premium on it because of where it was located? Or did they tell you that there was an upgrade package that increased the cost? Today I thought I would discuss how appraisers […]
Which Shelby County subdivisions have the most new construction?
Which Shelby County subdivisions have the most new construction? On a national level we hear about the housing market being so good but as we all know real estate is location specific so it really doesn’t do us much good to look at these broad statistics. One reason I write my blog is to discuss […]
Real Estate Market Update: Chelsea Park- Chelsea, Alabama
I recently did an appraisal in the Chelsea Park Subdivision in Chelsea, Alabama and I thought I would share with you what’s going on there. This is a large residential development that has experienced new construction growth in 2013. Chelsea Park is located just south of Highway 280 in Shelby, County Alabama. It is a […]
How do Birmingham, Alabama new home sales compare to the rest of the country?
A Look At The Numbers- There have been some good signs within the Birmingham, Alabama real estate market in 2012. Over the past several years new home sales have been weak at best, so I thought I would take a look at the past two years to see if there has been any signs of […]





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